Wednesday, June 14, 2017

Waterproof Breathable Textiles Market to register 5.4% CAGR over 2015-2022


"Regionally, Europe WBT market is expected to dominate the global landscape by exceeding a revenue collection of USD 690 million by 2022, with an annual growth rate of 4.7% in the next five years."
North America waterproof breathable textiles market is forecast to attain USD 600 million by 2022. Asia Pacific market is likely to reach USD 576 million till 2022, by gains projected of 6.5% from 2015 to 2022

Increasing consumer preference for comfortable and superior quality sports apparel has stimulated waterproof breathable textiles (WBT) market growth over the recent years. The hazards associated with synthetic raw materials based textiles is allowing the market players to extend their reach to bio based clothing which provides better comfort.  Alongside, technological proliferation in the development of advanced fiber materials that can efficiently repel water and manage the moisture content in the garment is further augmenting the overall industry expansion.  As per a report by Global Market Insights Inc., “waterproof breathable textiles (WBT) market is slated to register a revenue record of USD 2.18 billion by the end of 2022, with 5.4% CAGR projection over 2015-2022.”

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Waterproof breathable fabrics are designed to offer protection against UV radiation, wind, rain, and loss of body heat. The textiles that are widely used in WBT market comprise of membranes, densely woven fabrics, and coated textiles. Membranes based market held a major portion of the overall share in past years and is anticipated to grow lucratively at an annual rate of 5.5% in the coming five years. Their unique ability to protect the body from temperature variations, airborne pollutants, and UV radiation is expected to drive the market demand in the years ahead. Densely woven waterproof breathable textiles market will also witness a significant growth path at a CAGR of more than 5% over 2015-2022. Escalating demand from application areas that include medical, military, and work wear sectors are expected to drive the revenue of this segment to over USD 200 million by the end of 2022.

Active sportswear application will encompass 80% of the global WBT market in the coming five years. Growing fitness consciousness among consumers along with rising popularity of related sports such as swimming, cycling, running, walking has created a demand for sports shoes and appeal, in turn, fueling the overall market growth.

Regionally, Europe WBT market is expected to dominate the global landscape by exceeding a revenue collection of USD 690 million by 2022, with an annual growth rate of 4.7% in the next five years. The region’s increasing awareness toward health and fitness along with a large number of sports activities that demand proper apparel is driving the market growth.  APAC WBT market will also experience a profitable road map with a projected CAGR of 7.2% over the period of 2015-2022.

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Prominent WBT industry participants are offering products that are environmentally viable, i.e. PFC-free, PTFE-free and easily recyclable. Accelerating usage of recycled PET bottles in textile manufacturing is further adding a remarkable value to the market. Some of the companies that are actively participating in global WBT market include APT Fabrics, Heartland Textiles Co. Ltd., W. L. Gore & Associates, Columbia Sportswear, and Patagonia.

To access sample pages or view this report titled, “Waterproof Breathable Textiles (WBT) Market Size By Textile (Membrane, Coated, Densely Woven), By Product (Footwear, Gloves, Garments), By Application (Active Sportswear), Industry Outlook Report, Regional Analysis, Application Potential, Price Trends, Competitive Market Share & Forecast, 2015 - 2022”in detail along with the table of contents, please click on the link below:

https://www.fractovia.org/news/industry-research-report/waterproof-breathable-textiles-wbt-market

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https://www.fractovia.org/news/industry-research-report/smart-and-interactive-textiles-market

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